“Stewardship” of Life and Financial

Planning

Brian Weatherdon MA, CFP, CLU, CPCAAuthor, Speaker, Financial Planner.

Aligning your Wealth & Life to overcome fears andsecure your income, lifestyle, & comfort to age 105

“Stewardship”

• Means responsible planning and management of resources. http://en.wikipedia.org/wiki/Stewardship

• What does this say for wealth & life-income?• How can it support lifestyle & desired comfort?• What impact for family values and integrity?• What consequence for personal charity?• And what value for family estate and trusts?

“Stewardship Team”

• Those who collaborate to sustain stewardship of resources for desired goals and results. Again consider:

• Your wealth & life-income.• Desired lifestyle & life-long comfort.• Role of family values and integrity.• Philanthropy and community action.• Future estate and family trusts.

Family Stewardship Advisors

• Formally this may be a personal family office of legal, accounting, and financial advisors.

• Informally and affordable to more families this can be represented by authorizing the “team” of existing legal, accounting, financial advisors to correspond & collaborate for the purposes of your life-, financial- and estate-planning ... with laser focus on your key goals and values.

Opposite of “Do It Yourself”

• No one can effectively play all these roles for himself/herself. In a business being litigated the owner doesn’t go to court alone. In war a country doesn’t go to battle without a broad strategic plan. In fighting a deadly illness we don’t rely on google searches or advice of one doctor. And for financial health you wouldn’t want to miss professional stewardship.

Stewardship of your “Values”

• What happens if you can identify and embody the highest “values” of an earlier generation, or coach or mentor, someone you respect? How will this impact wealth’s role in your life?

• What if you can articulate personal values and we align your planning process and advisory team around these specific values that have highest integrity for you? Will this unlock confidence to achieve the results you want?

Surviving in a world of Fraud

• In any community of 150,000 people or more a google search for fraud + city name usually yields over ½ Million links. This increases every week, worming its way into our lives and galvanizing the fear of losing everything.

• Stewardship is laser focus on achieving your goals, your profit, sustaining your life, to enjoy your passions and protect your family’s estate.

Stewardship in Family Business• Internal & external team members aligned for

vital success and ultimate sale or succession.

• Key roles of accounting, business attorneys, financial and insurance planning, valuation, marketing, and strategic planning.

Chapter 2, A Lifetime Of Wealth – And How Not To Lose It.

• Unlocking value for life income & estate See & subscribe... “Exit Strategies for Business”

http://www.guaranteedincome4life.ca/blog/exit-strategies-for-business/

Stewardship of a career Pension

• Pensions can be under-funded 20-80%, and someday they’ll pay less, with nothing for your family estate.

• Yet personalizing (commuting) a pension can waste value just as fast if you or your advisor buy unsafe, low-income or high-risk investments.

• The facts on your pension are vital to choosing between fixed pension or a personalized plan.

Chapter 1, A Lifetime Of Wealth – And How Not To Lose It.

• See & subscribe, “Exit Strategies from a Pension” http://www.guaranteedincome4life.ca/blog/exit-strategies-from-a-pension/

Stewardship of Retirement Lifestyles

• Opportunity to Align wealth with the Life You Choose

• Early retirement we can fund our “bucket list” goals and live our dreams when we can best enjoy them.

• Mid-retirement we may spend less. The next slide shows a time for pictures & stories of earlier exploits, lower spending, peace and contentment.

• Later senior years suggest high costs for health care and personal comfort/dignity; higher needs then.

Life Horizons in Retirement

http://www.guaranteedincome4life.ca/blog/life-horizons-analysis-assuring-income-life/

Life Income Mandates

• Stewardship does not leave people in a state of perpetual fear that they’ll outlive their money. Nor remain silent when overspending capital.

• Life Income Mandates is a proven and historic process to align wealth management with the life you choose and sustain income and estate.

See http://www.guaranteedincome4life.ca/blog/life-income-mandates/

Taking this further (to discuss) ....

• Who is helping me today: do these people exercise stewardship and regard me as #1 ?

• How vital is this for my own lifestyle, my family, my personal comfort, to avoid outliving capital and becoming a burden? ...for charity, estate?

• Who will I share this with now? What gaps do I want to fill in my team, in my planning? Where are some prime resources to move me forward?

Resources to help get what you want

• Experience this website to help focus on your future: www.GuaranteedIncome4Life.ca

• Get 5-star book, Amazon/Kindle/bookstores: “A Lifetime Of Wealth – And How Not To Lose It” http://www.amazon.com/Lifetime-Wealth-how-not-lose/dp/1489579540/ref=sr_1_1?

ie=UTF8&qid=1380311791&sr=8-1&keywords=a+lifetime+of+wealth+--+and+how+not+to+lose+it

• Visit www.ALifetimeOfWealth.info